Blog

For a long time (12 years!), I wanted to be an early-stage investor. But I only started doing angel investing <2 years ago, when I finally started to have some savings. At the beginning of my career as an investor, I wanted to better understand the problems entrepreneurs face when looking for an early-stage investor… Ler mais »I am joining Armilar

2020 was a crazy year! If I would have attempted to forecast it, I would have got it wrong. Still, forecasting enables me to organize my ideas, understand the macro drivers, etc. It is also fun. Sharing enables me to receive feedback and read different opinions. Hope it also helps entrepreneurs and other investors. As… Ler mais »Portugal Startup Scene | 2021 Forecast

The goal of this post is to provide visibility to entrepreneurs about the Venture Capital funds that have raised funds recently. For that, I have compiled a list of funds that have announced new funds or have active funds. The list also provides information about which funds are active in Portugal, the size of the… Ler mais »Latest Portuguese Venture Capital funds Announcements

Context I did some analysis in co-investments in Portugal and I thought the results were quite interesting. So I am sharing below the main takeways. I believe the analysis can help Entrepreneur understand: Which investors have good relationships and probably will share notes on your discussions Which investors you can’t put in the same cap… Ler mais »Co-investment by Portuguese VCs and business Angels investors

International Venture Capital funds represent a relevant source for Portuguese startups. In 2020, >25% of the rounds had the participation of an international investor. Those rounds represented >85% of the amount invested, as international investors are particularly relevant financing sources for post-seed investment. But even in seed and pre-seed rounds, international investors account for 16%… Ler mais »List of international Venture Capital Funds interested in Portuguese based startups

Let me know if there is any funding round missing See also

Early on your startup, on your first <1M€ round, you will probably consider Business Angels as an important source for funding, expertise, network, etc. Portuguese Business Angel market is becoming more mature but there is limited information on the players. This post aims to address this topic and support entrepreneurs find Portuguese based Business Angels.… Ler mais »Business Angels in Portugal: Looking for one?

For entrepreneurs, there was never a better time to raise seed capital from Venture Capital funds in Portugal! This year Venture Capital funds will raise more money than in the last 5–7years combined! https://expresso.pt/economia/2019-10-24-Busy-Angels-muda-de-nome-e-lanca-fundo-de-10-milhoes-de-euros With Bynd Venture Capital, ex-Busy Angels, announcing a €10M fund this week, it raises to>€100M raised in 2019 alone on private… Ler mais »The rise of seed Venture Capital in Portugal

Unbabel just announced a $60m round last week. Congratulations Vasco Pedro, João Graça, Hugo Macedo, and all Unbabel team and friends! Unbabel is the fastest-growing company I have been fortunate to watch. I met for the first time Unbabel in mid-2016, just before raising a $5M series A. Below are my insights looking to Unbabel… Ler mais »Scaling Unbabel — my personal learnings

Updated: January 2021 The Portugal Venture Capital landscape and entrepreneurial ecosystem have been growing fast – 2x faster than the European average. 2020 Portugal Startup and Investors Activity Report  Now there is a pool of Venture Capital firms – Armilar Venture Partners, Indico Capital, Bynd, Portugal Ventures, etc. – and Business Angels – Shilling Capital, Olisipo… Ler mais »Most active Venture Capital Firms And Business Angels In Portugal